Full text: What Modi, Obama agreed on

This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India. Prime Minister Narendra Modi and President Barack Obama assessed the......

'India, Japan must have robust strategic, global partnership'

On the eve of his visit to Japan, Prime Minister Manmohan Singh spoke to the Japanese media on the agenda of his visit. Here’s an excerpt: Mr Prime Minister, thank you very much for you time.......

President's address to the Parliament

Following is the trascriptof President Pratibha Patil's address to the joint sittingof Parliament on Thursday.Honourable Members, I convey my good wishes to you and to all our people. On behalf of......

How many firms are giving online app-based loans? Govt has no data

The Reserve Bank of India has issued several warnings that the public should not fall prey to such unscrupulous activities and verify the companies offering loans online and through apps.......

How RBI can prevent frauds

Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day.What it needs is more onsite supervision.Merely checking high-frequency data with the help of technology is......

Banks should pass on the rate benefit to customers: Shaktikanta Das

'Consequent to the rate cuts by the RBI, the accommodative stance, the hugely surplus liquidity in the system right from June 1 onwards, and yields on government securities coming down by over 100......

Prabhu's new trade policy mum on achieving exports target

Foreign Trade Policy: More incentives for exports, focus on ease of trading Commerce Minister Suresh Prabhu on Tuesday unveiled more incentives to boost labour-intensive and employment-oriented......

ED's notice to BCCI regarding IPL II fund transfer

The Enforcement Directorate has issued notice to the BCCI to explain transfer and routing of funds to the tune of Rs 1,600 crore in the conduct of the second season of Indian Premier League cricket......